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OmniAsset › Mutual funds › UTI Innovation Fund

UTI Innovation Fund

Sectoral / Thematic fund benchmarked to Nifty 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202611.7494
CategorySectoral / Thematic
PlanRegular · Growth
Launched25 Sep 2023
Risk labelthe scheme's own riskometerVery high
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year2.39%
AUM₹688 Cr
Growth of ₹10,000₹11,73118 Oct 2023 to 2 Sep 2026
₹13,215₹12,126₹11,038₹9,950₹8,862Oct 2023Jul 2024Mar 2025Dec 2025Sep 2026
₹11,731 (+5.7% a year) UTI Innovation Fund

Performance (trailing, annualised)

1Y annualised0.21%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,29,54115.01%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202418.36%
Calendar 2025-7.77%

Rolling returns

Rolling 1Y · average97 windows since 18 Oct 2024-0.64%
Rolling 1Y · median-2.62%
Rolling 1Y · worst window-12.23%
Rolling 1Y · best window26.56%
Rolling 1Y · windows positive36%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)18.09%
Downside deviation (3Y)13.14%
Maximum drawdown-32.94%

Management

Fund managerMr. Nitin Jain
Managing since1 Oct 2024

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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